Hi Everyone, Here’s the updated Credit Suisse chart showing the wave of subprime, Alt-A, and prime ARMS set to adjust through 2012. Click on the image for a larger view. There was a question about repaying the leftover debt from a short sale and how that impacts a person’s credit score. Here is one answer […]
Archive | Real Estate Continuing Education Classes
To the Students from the June 8, 2009 REO Class at SKCAR Bellevue
Hi Everyone, Here’s the follow up from class. I promised to post the link to the DFI website that shows the list of state-chartered banks. Here it is. Here’s a link to the recent, local mortgage fraud story that was in the news the day of class. Here’s the updated Credit Suisse chart showing the […]
To the Students from the May 22, 2009 Advanced Short Sales Class
Hi Everyone, Here’s the follow up from class last Friday. Here is the link to the FICO website showing the components of a person’s credit score. Here is the link to the Chapman website. Laura from class mentioned that this is good source for research but I don’t see their research department linked from the home page. Laura, […]
To the Students from the May 20 Short Sale Class at Firstam Renton
Hi Everyone, Here’s the link to the myfico.com education website with the pie chart showing the components of a person’s credit score. Here’s the link to the President Obama Administration’s Making Home Affordable website which lets you check to see whether or not a mortgage loan is held by Fannie Mae. Cassie Angel, I looked […]
Thanks for learning along with us, Aubrey Cohen!
I always take the time to talk with the mainstream media when they call. Why? Well I get so much of my news from mainstream media, which to me means radio and online newspapers that I feel obligated to help journalists when they’re researching a story. These folks don’t do what we do all day […]
To the Students from the April 27 Short Sale Class in Kent
By Jillayne on April 28, 2009 in Real Estate Continuing Education Classes, Short Sales, Uncategorized
Hi Everyone, Here’s the follow up from our short sale class: There was a question about the new NWMLS rule regarding identifying listings as “short sale” or “bank owned” and whether or not existing listings must be identified in this manner or if it would only effect new listings going forward. I did hear back […]
To the Students from the April 21, 2009 Advanced Short Sales Class
Hi Everyone, Here’s the follow up from class: I mentioned a story out of California about an uptick in the number of lawsuits against real estate agents in short sale and foreclosure transactions. The main story is hidden behind the members only site at Inman, but I did find a blogger who did a copy/paste […]
To the Students from the April 20, 2009 Foreclosure Class
Hi Everyone, Here’s the follow up blog post from class today: Here is a link to Julie Lyda’s blog with her fabulous graph showing the relationship between Notice of Trustee Sales and actual Trustee Deeds. Definitions from the beginning of class: Forbearance: Borrower is behind on one or two payments and works with the lender to […]
Certified Foreclosure Specialist™ Designation Receives Official Trademark Certificate
By Jillayne on April 16, 2009 in Certified Foreclosure Specialist, Real Estate Continuing Education Classes
The Secretary of State, Washington State, has rewarded a trademark certificate to CE Forward, Inc. for: Certified Foreclosure Specialist™ and the acronym CFS™ for the purpose of educating real estate brokers and Realtors in a specialized area of real estate: pre-foreclosures, short sales, foreclosures, and REOs. For more information, contact Jillayne Schlicke 206-931-2241 or visit the CFS™ Designation […]
To the Students from the April 15, 2009 Current Issues/FHA Class at Veridian Cove
Hi Everyone, As promised, here is the follow up information from our class today. Here is the March report I promised to find on FHA delinquencies. The FHA Home Mortgage Insurance Fund is down by 40% according to a January report. Here’s the information about the high percentage of loan modifications that are re-defaulting. Here […]